Stock market is so flat the last 2 days !

Quote from S2007S:

Im still about 80% short, not going bullish anytime soon, might go bullish around dow 7500 but until then im sticking on the bearish side.

I hate repeating myself but the ONLY reason the market is UP is because of free monopoly money, programs for $8000 tax credits, free money for cars, unemployment benefits lasting years, programs to keep foreclosures down, ZERO % INTEREST RATES, Fed buying MBS like never before, TARP and TALF and every other XYZ program in between. Please do not go and tell me the reason why the economy is showing signs of improvement is because everything is better nothing is better, everything is being ARTIFICIALLY PUMPED UP, why don't you comprehend this. Do you honestly believe the economy would be where it is today without all that worthless monopoly money floating around, they are creating another asset bubble to keep things going because that's the only way to create artificial demand. The whole economy is upside down at this point, you can believe what you want but the truth is that this crisis is not even close to be over.

I know what your stance is on the economy. But lets be realistic. You are a perma bear. No matter what the numbers, you would find a reason as to why the market "should" go down. But reality often deviates from logic. If you have been 80% short for so long, I honestly don't know how you are still solvent. Some day I hope you will learn the meaning of flexibility when it comes to trading and investing. Until that time, I will be happy to take the other side of your trades. :cool:

That being said, I enjoy getting my shots in at you from time to time. All in good fun S2007S. :p
 
Quote from Kassz007:

I know what your stance is on the economy. But lets be realistic. You are a perma bear. No matter what the numbers, you would find a reason as to why the market "should" go down. But reality often deviates from logic. If you have been 80% short for so long, I honestly don't know how you are still solvent. Some day I hope you will learn the meaning of flexibility when it comes to trading and investing. Until that time, I will be happy to take the other side of your trades. :cool:

That being said, I enjoy getting my shots in at you from time to time. All in good fun S2007S. :p





:D
 
Where is Dustin and Lescor? I want to hear what they have to say :) . I've noticed this too for the past couple weeks. Stocks are flat all across the board..you might be lucky and get a late pop in the last hr or two, but dont count on it.
 
If you're trading the ES there was plenty of movement today. And in globex an over 10 point swing down, negating the entire day's move up, in less than 30 minutes at 6:30 EST, as the dollar took off like a rocket. There is plenty of money to be made.
 
this last 20 days or so of trading has been great. Plenty of action. It does seems like the dead zone is slower then it used to be and vol has been hit or miss as of recent but plenty of action for the way I day trade. Couldn't be happier. 2010 is starting out very well.
 
This is easy trading right now, profits are not as big as they use to be but doing good scalping all day for .03-.07 back and forth. Don't look for the big runs nickel and dime it!
 
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